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DocuSign Envelope ID:A1BBE8B5-5DD9-4ED3-AO3E-CODE693C46EF
<br /> additional fees and shall,collectively with the monthly fees, be called the"Fees."The covenant of the Licensee to pay the
<br /> Fees shall be independent of every other covenant of the Agreement. If Licensee does not pay the Fees by the fifth
<br /> (calendar)day of a month, Licensee shall also pay to County a late charge of$15.00(fifteen dollars)as additional Fees.Such
<br /> late charge shall be increased by$5.00(five dollars)for each subsequent 5-day period (calendar days)that the Fees are not
<br /> paid.
<br /> 6. DEPOSIT. Prior to the Commencement Date, Licensee shall deliver to County the sum set forth in paragraph 1(i),which
<br /> County shall retain as security for the performance by Licensee of each of its obligations hereunder. If Licensee fails at any
<br /> time to perform its obligations,County may at its option apply the Deposit,or so much thereof as is required,to cure
<br /> Licensee's default, but if prior to the termination of this Agreement, County depletes the Deposit in whole or in part,
<br /> Licensee shall immediately restore the amount so used by County. County may commingle this Deposit with its other funds
<br /> and any interest thereon is the sole property of the County. If Licensee is not in default hereunder,County shall within 30
<br /> days of the termination or expiration of this Agreement refund to Licensee so much of the Deposit as it continues to hold.
<br /> 7. SERVICES BY COUNTY AND UTILITIES.County shall cause to be furnished to the Premises, during reasonable business
<br /> hours, Monday through Friday,8:00 AM—6:00 PM (excluding national or state holidays),the following services: reasonable
<br /> electricity;wireless internet access, building standard fluorescent lighting; heating at seasonably reasonable temperatures;
<br /> supplying the rest rooms; plus nonhazardous trash removal,janitorial service,and furnishing hot and cold water to the
<br /> building Common Areas.County has the right, but not the obligation,to inspect the Premises and all electrical devices
<br /> therein from time to time to assure that such devices are not overloading the electrical system at the Studios or otherwise
<br /> creating an electrical hazard. Licensee acknowledges that due to the imperfect nature of electronic communications,
<br /> electronics and utilities,and County shall not be responsible for damages,direct or consequential,which may result for the
<br /> failure of County to furnish any of the aforesaid services.County will, however,act in good faith and in a commercially
<br /> reasonable manner in working to remedy any flaws in the facilities or equipment,or delays in providing access to the
<br /> facilities or equipment to Licensee.
<br /> 8. LICENSEE'S ACCEPTANCE AND MAINTENANCE OF PREMISES. Upon the commencement of the use of the Premises by
<br /> Licensee, Licensee represents to County that it has examined and inspected the Premises and finds such to be as
<br /> represented by County and satisfactory for Licensee's intended use,which examination and findings constitute Licensee's
<br /> acceptance"AS IS,WHERE IS,SUBJECT TO ALL FAULTS." County makes no representation or warranty as to the condition of
<br /> the Premises. Licensee shall maintain the Premises during the Term in a good, neat,clean and attractive condition at all
<br /> times and shall leave the Premises at the end of the Term in good repair and condition. Licensee shall take no actions that
<br /> will damage or otherwise devalue the Premises or the Studios. If Licensee does not perform its maintenance obligations in a
<br /> timely manner and diligently and continuously pursue completion, County shall have the right, but not the obligation,to
<br /> perform such maintenance, and any amounts so expended by County shall be paid by Licensee to County promptly after
<br /> demand. Licensee acknowledges that Licensee is using the Premises and Studios at Licensee's own free will and decision,
<br /> and that County does not have any liability with respect to Licensee's access, participation in, use of the facilities,or any
<br /> loss resulting from such participation or use.
<br /> 9. NO ASSIGNMENTS OR LEASES. Licensee has no interest in the Studios or the Premises and may not assign,transfer,
<br /> mortgage, or encumber this Agreement in any way, and may not sublease any part or all of the Premises. In no event shall
<br /> this Agreement be assignable by operation of law, and Licensee's rights hereunder may not become,and shall not be listed
<br /> by Licensee as an asset under any bankruptcy, insolvency or reorganization proceedings. Licensee is not, may not become,
<br /> and shall never represent itself to be an agent of County,and Licensee expressly recognizes that County's leasehold is
<br /> paramount. By executing this Agreement Licensee expressly states Licensee has no property interest in or to the Studios or
<br /> the Premises.
<br /> 10. LICENSEE'S OBLIGATIONS. Licensee shall comply with all applicable laws, ordinances,and regulations affecting the manner
<br /> in which Licensee uses the Premises, now existing or hereafter adopted, including general rules and regulations for
<br /> Licensees(a copy of the present rules being attached as Exhibit B),as may be developed from time to time by County and
<br /> delivered to Licensee or posted at the Studios. Licensee shall further comply with the environmental obligations set out on
<br /> Exhibit C attached hereto.
<br /> Licensee at its sole cost and expense shall keep or cause to be kept for the mutual benefit of County and Licensee a
<br /> commercial general liability insurance policy naming County as additional insured against any and all claims for bodily injury
<br /> and property damage occurring in or about the Premises and Studios or arising out the Licensee's(or Licensee's authorized
<br /> representatives, invitees,agents, or anyone else for whom Licensee is responsible) use of or activities on or in connection
<br /> with the Premises or Studios.
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